NOT LISTED FOR SALE

477 Elbow Trail Grayling, MI 49738

Estimated Value: $333,000 - $407,606

2 Beds
0.5 Bath
940 Sq Ft
$393/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $217,500 $231 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,482/month

72 Days on Market

Highlights

  • Docks
  • Second Garage
  • Ranch Style House
  • River Front
  • Deck
  • Pole Barn

About This Home

As of June 2019

AuSable 'Holy' Water' views from almost every window! A truly one-of-a-kind piece of property offering 402' of private Holy Water frontage, 1.3+ acres and state land on 2 sides. Easily a year-round home or cottage, you'll have everything you need to enjoy this property 12 months out of the year. A spacious ranch offering a riverfront master BR+bath, 4 season porch, new gas fireplace insert and new FA furnace. Pole Barn constructed in 2018 plus detached htd garage with workshop and fly-tying shop. Enjoy the view from the large riverside patio, multi-tiered stairway, or the riverside porch that extends from the master BR to the sunroom. Being sold mostly furnished.

Last Listed By

Craig Hinkle

Re/Max Of Grayling License #6502121227 Listed on: 04/01/2019

Re/Max Of Grayling

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,234

Year Built

  • 1972

Lot Details

  • 1.33 Acre Lot
  • River Front
  • Property fronts a private road
  • Adjoins Government Land

Home Design

  • Ranch Style House
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 940 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Blinds
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 0.5 Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Second Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Pole Barn
  • Separate Outdoor Workshop

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic Tank
  • Septic System

Community Details

  • T26n R3w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040-45-160-00-028-00
  • Tax Block 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,234

Year Built

1972

Lot Details

0

Listing Details

  • Directions: M-72 E, L on Elbow Trail just past Keystone Landing. Stay L at fork, continue through stone monuments to road end.
  • Garage Yn: Yes
  • Lot Size: 1.33 Acres
  • Prop. Type: Residential
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Road Frontage Type: River
  • Lot Size Acres: 1.33
  • Road Surface Type: Gravel, Private
  • Water Body Name: Au Sable River
  • Co List Office Phone: 989-348-7440
  • MLS Status: Closed
  • Subdivision Name: T26N R3W
  • Above Grade Finished Sq Ft: 940.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: County Records
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 1.33 Acres
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: Ranch
  • Property Information Construction: Frame
  • Road:Private2: Yes
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • General Property Information:Acres: 1.33
  • Exterior Wood3: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1972

Interior Features

  • Interior Amenities: Blinds, Dishwasher, Dryer, Garage Door Opener, Refrigerator, Range/Oven, Washer, Doorwall
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Other Rooms:Sun Room: Yes
  • BasementFoundation:Crawl: Yes

Exterior Features

  • Exterior Features: Adj State/Federal Ld, Deck, Dock, Extra Garage, Natural, Patio/Porch, Pole Building, Workshop
  • Waterfront: Yes
  • Construction Type: Wood
  • Foundation Details: Crawl
  • Exterior Features:Deck: Yes
  • Exterior Features:Dock: Yes

Garage/Parking

  • Property Information:Garage Stall2: 4
  • Property Information:Garage Type2: Detached/HTD

Utilities

  • Sewer: Septic Tank
  • Heating: Forced Air, Propane
  • HeatingYN: Yes

Lot Info

  • Lot Size Sq Ft: 57934.8
  • ResoLotSizeUnits: Acres
  • Parcel Number: 040-45-160-00-028-00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
Jun 25, 2019
Sold by
Chappel Robert J Est
Bought by
Allman Russell S and Allman Ferguson
Seller's Agent
Craig Hinkle
Re/Max Of Grayling
Sold Price
$217,500
Total Days on Market
72
Current Estimated Value
$369,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,652
Avg. Annual Appreciation
9.88%

Purchase Details

Closed on
Nov 7, 2017
Sold by
G Wilkinson Jr T E
Bought by
Chappel Robert J

Purchase Details

Closed on
Jun 1, 1995

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Allman Russell S $217,500 --
Chappel Robert J $195,000 Lighthouse Title
-- $135,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $217,500 -- $231 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
Source: Water Wonderland Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,234 $178,800 $40,600 $138,200
2023 $5,019 $157,900 $40,600 $117,300
2022 $4,531 $142,800 $40,600 $102,200
2021 $5,551 $130,300 $40,600 $89,700
2020 $5,478 $123,400 $40,600 $82,800
2019 $5,029 $121,600 $40,600 $81,000
2018 $2,921 $110,900 $40,600 $70,300
2017 $2,634 $105,200 $40,600 $64,600
2016 $2,611 $81,900 $81,900 $0
2015 $3,091 $81,900 $0 $0
2014 -- $98,500 $0 $0
2013 -- $95,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 318049

Water Wonderland Board of REALTORS®

APN: 040-45-160-00-028-00